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Title vs. Mortgage. Who owns the property?

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xpeachiex

Junior Member
What is the name of your state? Texas

I'm not sure where I'm suppose to go with this. Maybe you can help me. Here is my situation. I bought this house in April 2004 for parents to live in because they couldn't use their own credit. Title appears to be have been transferred to my mother soon after, and then to my dad's real estate company. I was not aware of either transfers till now. The mortgage is still under my name and they've been late on payments for over 20 months so my credit took a huge beating. My father's been using my credit without my knowledge since I turned 18, getting commercial loans, etc, and not paying them back. They've decided to sell the house, again without my consent, and pocket all the profits. The house was listed recently under my dad's real estate company. I feel all this is really unfair and that I should be compensated for something when the house sells to make up for my ruined credit. I'm really confused as to where all the boundaries lie. My question is, am I entitled to anything here? And also, is it that easy to transfer title without the original owner being aware? Oh, and also, who is the rightful owner of the house? Your help and guidance would be truly appreciated. Thank you in advance.
 


CraigFL

Member
Usually your mortgage holder would put the title in your name unless asked differently. The person on the title is the owner of the property. If your name was on there and they transferred without your approval -a valid Quit Claim Deed then it should straighten itself out when they do the title insurance search. If not, you will need to file suit in court and let the judge decide if there is a dispute. I'm sure that the mortgage holder is registered and they will need to get paid off if the property is sold.

Having your name on the mortgage just entitles you to be responsible for the payments... :)
 

lcannister

Senior Member
My question is, am I entitled to anything here?
Tell Pops he either turns the house over to you or you file charges for identity theft (providing you can prove what you say) and a myriad of other fraudulent activities if the tile was changed wthout your permission etc.

Then do it!
 

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